#securities-fraud
18pages tagged with "securities-fraud"
data centers
- applied digital -- ai pivot puffery— securities class action against Applied Digital for overstating AI cloud service pivot and data center profitability, triggered by Wolfpack Research short report
- bigbear.ai -- spac accounting restatement— securities class action against BigBear.ai for accounting restatement of convertible notes following SPAC merger with GigCapital4
- c3.ai -- revenue guidance miss— securities class action against C3.ai for misleading revenue guidance and concealment of CEO health issues affecting sales performance
- coreweave -- data center construction delays securities fraud— securities class action against CoreWeave alleging concealment of data center construction delays and overstated ability to meet AI infrastructure demand, with $14B in market cap losses
- data center shareholder litigation tracker— comprehensive tracker of securities class actions, shareholder derivative suits, and regulatory enforcement actions related to data center infrastructure, AI buildout, and the companies in their supply chain
- equinix -- affo manipulation settlement— settled $41.5M securities class action against Equinix for misclassifying maintenance expenses as growth capex to inflate AFFO metrics, triggered by Hindenburg Research report
- fermi inc. -- project matador ipo securities fraud— securities class action against Fermi Inc. alleging IPO misrepresentation of AI data center demand for Project Matador, with anchor tenant termination causing 59% stock decline from IPO price
- gds holdings -- undisclosed executive transactions (settled)— settled $3M securities class action against GDS Holdings for undisclosed CEO pre-paid forward sale transactions creating change-of-control risk
- hut 8 -- usbtc merger overvaluation— securities class action against Hut 8 Corp alleging overstated USBTC acquisition value, triggered by J Capital Research short report showing 70% overvaluation
- intel -- foundry losses concealment (dismissed)— dismissed securities class action against Intel for concealing $7B operating loss in foundry business, dismissed with prejudice in July 2025
- iris energy -- hpc capacity overstatement— securities class action against Iris Energy alleging misrepresentation of HPC/AI data center readiness at Childress County, Texas facility, triggered by Culper Research short report
- ironnet -- spac securities fraud (settled)— settled $6.625M securities class action against IronNet for SPAC merger misrepresentations, company subsequently filed for bankruptcy
- nuscale power -- entra1 partner securities fraud— securities class action against NuScale Power alleging misrepresentation of ENTRA1 commercialization partner capabilities, with $495M payment to inexperienced entity and 70%+ stock decline
- nvidia -- crypto revenue misrepresentation— long-running securities class action against NVIDIA for understating cryptocurrency mining revenue, surviving Supreme Court review and remanded for discovery
- oracle -- ai infrastructure capex securities fraud— securities class action against Oracle Corporation alleging misrepresentation of AI data center capital expenditure returns, with $50B projected CapEx, negative $10B+ free cash flow, and $248B in off-balance-sheet lease commitments
- super micro computer -- accounting fraud and doj investigation— securities class action and DOJ investigation against Super Micro Computer for accounting manipulation, undisclosed related-party transactions, and sanctions violations, triggered by Hindenburg Research report
- vertiv holdings -- pricing misrepresentation— securities class action against Vertiv Holdings for false statements about pricing visibility and inflation management, resulting in 37% single-day stock decline
- vnet group -- ownership dilution securities fraud— securities class action against VNET Group for concealing subsidiary financial difficulties and ownership dilution risk